Franchise Finance

The Business Plan explains what you hope to do, how much money you need to do it with and how you propose to pay the money back. Your plan will include a Profit Forecast and Cash Flow Model. However, there is more to the Business Plan than getting funding. It…

By Tim Kilham, Lanyon Partners Before you commit to buying a franchise, the franchisor must give you a disclosure document. The disclosure document may or may not contain earnings information for potential franchisees. The franchisor may choose not to provide earnings information, in which case the disclosure document must specifically…

In this section we will be looking at franchise fees, what they are and what they cover. We will also look at franchise desposits. Franchise fees can be split into two categories – initial franchise fees and ongoing franchise fees. Initial franchise fees The initial franchise fee covers the cost…

By Tim Kilham, Head of Franchising, McLean Delmo Hall Chadwick How long is a piece of string! The prices that are paid for franchise businesses vary considerably. Set out below are some of the issues to take into account when looking to buy a franchise. In broad terms, a rule…

When a franchisee enters into a Franchise Agreement there are general restraints prohibiting franchisees from competing with the franchise business during the term and for a period after expiration of the term. Restraint of Trade clauses are generally considered by courts to be anti-competitive and therefore unenforceable however they are…

by Robert Toth, Wisewoulds Lawyers Franchising has developed in Australia through well known international brands. Foreign Franchisors are looking to Australia and New Zealand as potential markets to expand their brand. A number of foreign Franchisors have now successfully entered the Australian market via a variety of business arrangements, such as; …

With 62% of Australian internet users interacting on social media networks, it is no wonder that savvy marketers have caught on with the trend and this medium has now become a key tool in many business marketing strategies. The social media buzz can be justified by the platform’s enormous scope…

When looking to buy a franchise you need to establish how much money you can afford to invest into a franchise business. You need to look at savings you have, money you can borrow from family and friends, and also what you can get from a bank. You need to…

By Tim Kilham, Head of Franchising, Lanyon Partners   You are reading this article, and therefore you are thinking of buying a franchise. That can be a scary prospect. For some of you, the purchase of a business (franchised or not) will be the single biggest purchase you ever make in your…

By Tim Kilham, Head of Franchising, Lanyon Partners   Buying a business or opening a new business is a risky step to take. However, as the saying goes, nothing ventured, nothing gained. There are times in your life when you have to take a bold step forward; now is that time for…